WARSAW - Dec. 4, 2017 - Greenberg Traurig, LLP represented Hansainvest Real Assets, a Hamburg-based investment manager, in the acquisition of Generation Park X - the first building in the Generation Park complex, a project consisting of three high-quality office buildings located in Warsaw.
Greenberg Traurig provided comprehensive legal advice with respect to the transaction, including preparation of the due diligence process and negotiation of the transaction documentation, including the preliminary and final sale agreement.
The transaction was led by Partner Radomił Charzyński, who was supported by Senior Associate Olga Durawa and Associate Kamil Majewski.
Generation Park X is the second asset investment by Hansainvest Real Assets in Poland and follows the acquisition of Atrium 2, its first office project, in December 2016. Greenberg Traurig also advised on that transaction.
“We are very proud that we gained Hansainvest’s trust and had the chance to work with them on such a prestigious transaction once again” said Radomił Charzyński.
The Generation Park X office building was completed in November 2017 and provides approx. 21,000 sq m of leasable area. The building has an excellent location in the new business district of Warsaw, directly next to a metro line. The entire Generation Park will comprise three office buildings with a total leasable area of around 84,000 sq m. The highest building, a 34-storey tower, will be 180 meters tall and include a 40-meter spire.
Greenberg Traurig LLP
Greenberg Traurig, LLP is an international, multi-practice law firm with approximately 2000 attorneys serving clients from 38 offices in the United States, Latin America, Europe, Asia, and the Middle East.
Greenberg Traurig Grzesiak sp.k. was named the 2017 Law Firm of the Year in Poland and the 2016 Law Firm of the Year in Poland - Client Service Award by Chambers and Partners. The Warsaw office of Greenberg Traurig, LLP provides legal services to clients in Central Europe and beyond and consists of 100 lawyers. Team members are regularly recognized as leaders in numerous practice areas. Chambers Global, Chambers Europe, IFLR1000 and EMEA Legal 500 consistently rank them among the top tiers the areas of Corporate/M&A, Capital Markets, Real Estate, Private Equity, Tax, Banking and Finance, Project Finance, Energy, Dispute Resolution and TMT.
About Greenberg Traurig's Real Estate Practice
Greenberg Traurig's Global Real Estate Practice is a cornerstone of the firm and recognized leader in the industry. The firm’s real estate attorneys deliver diversified and comprehensive legal counsel for property acquisition and investment, development, management and leasing, financing, restructuring, and disposition of all asset classes of real estate. The team draws upon the knowledge and experience of more than 400 real estate lawyers from around the world, serving clients from key markets in the United States, Europe, the Middle East, and Latin America. The group’s clientele includes a broad range of property developers, lenders, investment managers, private equity funds, REITs, and private owners. The firm’s real estate team advises clients on a variety of matters across a broad spectrum of commercial, recreational, and residential real estate, including structured equity and debt and the hybrids.
Greenberg Traurig's real estate team in Warsaw consists of more than 40 top-rated specialists who cover a broad spectrum of core real estate and additional practices. The team offers clients an unparalleled level of legal experience and service in Poland and within Central Europe.
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